2024-08-15-accounts

BOW WEST ORGANISATION Receipts & Payments Accounts YE 15 August 2024

Charity Registration Number: 1164195

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Bow West Organisation

Contents,

Page

Charity information 1 Aims and Objectives 2 Trustees reports and responsibilities & 3 Independent Examination Reports Receipts and Payments Accounts 4 Statement of Assets and Liabilities 5 Notes 6

Bow West Organisation: Trustee’s Lists as per Charity Commission

QASIM CHOWDHURY MA - CHAIR MOHAMMED RIPON ALI HUSSAIN AHED GOLAM MOHAMMED FARID HUSSAIN LOKMAN HOSSAIN MIZANUR RAHMAN SADEQUL HAQUE MASHUD AHMED MOHAMMED IQBAL LATIF MR SYED NAEM AHMED MIZAN CHOWDHURY

Accountants

MOHAMMED CHOWDHURY FMAAT

Chadwell Accounting Services Ltd Office 6, 65B London Road, Romford Essex, RM7 9QA BARCLAYS BANK

Sort Code: 40-02-33 Account Number: 02038579

Registered office

Bow West Organisation

73 Strahan Road, London E3 5DY

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Aims and Objective:

1 TO ADVANCE THE SUNNI MUSLIM FAITH IN SUCH A WAY AS SHALL BE THOUGHT FIT INCLUDING THE PROVISION OF FACILITIES FOR PRAYER AND HOLDING OF RELGIOUS RITES AND THE PROVISION OF RELIGIOUS EDUCATION; 2 TO FURTHER OR BENEFIT RESIDENTS OF TOWER HAMLETS. NEWHAM, HACKNEY AND BARKING AND DAGENHAM AND THE NEIGHBORHOOD WITHOUT DISTINCTION OF SEX, SEXUAL ORIANTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTORITIES. VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTEREST OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS. IN FURTHERANCE OF THESE OBJECTS BUT NOT OTHERWISE. THE TRUSTEES SHALL HAVE POWER: TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE AND TO MAINTAIN OR MANAGE OR CO-OPERATE WITH ANY STATUTORY AUTHORITY IN THE MAINTENANCE AND MANAGEMENT OF SUCH A CENTRE FOR ACTIVITIES PROMOTED BY THE CHARITY IN FURTHERANCE OF THE ABOVE OBJECTS.

Statement of Trustees' Responsibilities

Charity Law requires the Board to prepare financial statements for each financial year which give a true and fair view of the situation of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:

The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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The Trustees' Report

The report of the trustees for the year ended 15[th] August 2024. Financial Review and Future Plans.

At the end of this financial year, the charity has balance of £73,295 at bank. The trustees are not expecting any financial hardship in the coming year, but still sufficient cashflow which can cover 6 or more months costs. In this reporting period, we secured a total income of £41,103 mainly from donations, Friday collections, members contribution and gift aid. The most notable source of income for this financial year was the revenue from donations. The charity has secured yearly rent basis permanent place from council and ready to move soon.

Accountant Reports: YE 15/08/2024

I report on the accounts of the charity for the year ended 15th August 2023.

Respective Responsibilities of Trustee and Examiner:

As the charities trustees you are responsible for the preparation of accounts. You consider the audit requirement of S144 (2) of the charities act 2011 does not apply, and that an independent examination is needed. It is my responsibility to examine the accounts under s145 of the 2011 Act to follow the procedures laid down in the general directions given by the Charity Commission under S145(5)(b) of the 2011 act and to state whether matters have come to my attention. Basis of Independent Examiners Report:

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking of explanations from you as trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in audit and consequently no option is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent examiners qualified statement:

In connection with my examination, no matter has come to my attention.

1. Which gives me reasonable cause to believe that, in any material respect, the requirements:

To keep accounts records in accordance with the CC S130 of the 2011 Act.

To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 -Act.

MOHAMMED CHOWDHURY FMAAT

AAT Licensed Accountant

Chadwell Accounting Services Limited (T/A Alam & Co) Office 6, 65B London Road, Romford, Essex RM7 9QA

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BOW WEST ORGANISATION

Receipts and Payments Accounts year ended 15 August 2024

Charitable income/Donations	£41,103
Gift Aid Accrued Income	£4,692.
Total Receipts	£45,795
Charitable costs	£7,440
Governance and finance costs	£595
Total Payment	£8,035
Net surplus/Deficit	£37,760
Note:
Voluntary costs	£3,840
Hall Hire	£3,600
Professional Fee	£500
Bank Charge	£95
Total Payments	£8,035

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BOW WEST ORGANISATION

Statements of Assets and Liabilities at 15[t] August 2024

	2024	2023
Bank	73,295	39,726
Debtors	12,692	8,000
	85,987	47,726
Liabilities	1,000	500
Net Assets	84,987	47,226
Capital and Reserve
B/FWD YE 2023	47,226	29,045
Net Surplus YE 2024	37,760	18,181
Total	84,987	47,226

Approved by the Trustees:

Signature:

Full Name: Mohammad Iqbal Latif

Position: Trustee

Date: 10/07/2025

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Notes:

1. Accounting Policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard)

1. The accounts have been prepared on a receipts and payments basis in accordance with the Charities act 2011.

2. Payment to Trustees: The trustees receive no remuneration, direct or indirect benefits from the Charity.

3. Tangible Fixed Assets: Nill.

4. The Charity has no restricted Funds.

5. Donations: £41,103.

6. Charitable costs: Voluntary Costs £7,440.

7. Governance Costs: £ 595

8. Debtors: Accrued Income £4,692 (Gift Aid) & KH £8,000 (Interest Free Loan)

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